Lindblad Expeditions (NASDAQ:LIND) Director Sven-Olof Lindblad Sells 66,872 Shares of Stock

Lindblad Expeditions (NASDAQ:LIND – Get Free Report) Director Sven-Olof Lindblad sold 66,872 shares of Lindblad Expeditions stock in a transaction that occurred on Thursday, October 29th. The shares were sold at an average price of $36.95, for a total value of $2,470,920.40. Following the completion of the sale, the director directly owned 9,937,202 shares in the company, valued at $367,179,613.90. This represents a 0.67% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Sven-Olof Lindblad also recently made the following trade(s):

  • On Wednesday, October 28th, Sven-Olof Lindblad sold 68,400 shares of Lindblad Expeditions stock. The stock was sold at an average price of $35.26, for a total value of $2,411,784.00.
  • On Tuesday, October 27th, Sven-Olof Lindblad sold 94,925 shares of Lindblad Expeditions stock. The shares were sold at an average price of $35.52, for a total value of $3,371,736.00.
  • On Monday, October 26th, Sven-Olof Lindblad sold 49,969 shares of Lindblad Expeditions stock. The shares were sold at an average price of $35.25, for a total value of $1,761,407.25.
  • On Friday, October 23rd, Sven-Olof Lindblad sold 66,160 shares of Lindblad Expeditions stock. The shares were sold at an average price of $34.23, for a total value of $2,264,656.80.
  • On Thursday, October 22nd, Sven-Olof Lindblad sold 67,974 shares of Lindblad Expeditions stock. The stock was sold at an average price of $35.68, for a total value of $2,425,312.32.
  • On Wednesday, October 21st, Sven-Olof Lindblad sold 97,470 shares of Lindblad Expeditions stock. The stock was sold at an average price of $36.23, for a total value of $3,531,338.10.
  • On Tuesday, October 20th, Sven-Olof Lindblad sold 75,545 shares of Lindblad Expeditions stock. The stock was sold at an average price of $35.49, for a total value of $2,681,092.05.
  • On Monday, October 19th, Sven-Olof Lindblad sold 83,500 shares of Lindblad Expeditions stock. The stock was sold at an average price of $34.29, for a total value of $2,863,215.00.
  • On Friday, October 16th, Sven-Olof Lindblad sold 79,185 shares of Lindblad Expeditions stock. The shares were sold at an average price of $34.74, for a total value of $2,750,886.90.

Lindblad Expeditions Stock Performance

Shares of NASDAQ LIND opened at $37.38 on Friday. The firm has a market capitalization of $2.45 billion, a P/E ratio of -98.37 and a beta of 2.24. Lindblad Expeditions has a one year low of $11.37 and a one year high of $37.47. The company’s fifty day moving average is $31.16 and its two-hundred day moving average is $24.31.

Lindblad Expeditions (NASDAQ:LIND – Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The company reported ($0.02) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.08. The business had revenue of $199.25 million for the quarter, compared to analysts’ expectations of $185.86 million. Lindblad Expeditions had a negative net margin of 2.08% and a negative return on equity of 0.56%. On average, sell-side analysts forecast that Lindblad Expeditions will post 0.22 earnings per share for the current fiscal year.

Institutional Trading of Lindblad Expeditions

A number of hedge funds have recently bought and sold shares of the company. Pinnacle Wealth Planning Services Inc. grew its stake in Lindblad Expeditions by 11.6% in the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 5,202 shares of the company’s stock worth $163,000 after acquiring an additional 541 shares during the period. Tectonic Advisors LLC acquired a new position in Lindblad Expeditions in the 3rd quarter valued at $925,000. Sterling Capital Management LLC lifted its stake in shares of Lindblad Expeditions by 846.0% during the 3rd quarter. Sterling Capital Management LLC now owns 1,665 shares of the company’s stock worth $52,000 after purchasing an additional 1,489 shares during the period. Pinnacle Associates Ltd. lifted its stake in shares of Lindblad Expeditions by 8.0% during the 3rd quarter. Pinnacle Associates Ltd. now owns 864,233 shares of the company’s stock worth $27,163,000 after purchasing an additional 64,185 shares during the period. Finally, State of Alaska Department of Revenue lifted its stake in shares of Lindblad Expeditions by 20.5% during the 3rd quarter. State of Alaska Department of Revenue now owns 3,300 shares of the company’s stock worth $103,000 after purchasing an additional 562 shares during the period. Institutional investors and hedge funds own 75.94% of the company’s stock.

Trending Headlines about Lindblad Expeditions

Here are the key news stories impacting Lindblad Expeditions this week:

  • Positive Sentiment: New 2028–2029 deployment expands future sales opportunities. National Geographic-Lindblad Expeditions completed its 2028–2029 schedule with new itineraries and additional ways for customers to explore, potentially supporting bookings, revenue visibility and long-term demand. National Geographic-Lindblad Expeditions Completes 2028-29 Deployment With New Itineraries
  • Positive Sentiment: Recent earnings exceeded expectations. Lindblad reported quarterly revenue of $199.25 million versus the $185.86 million analyst consensus and a loss of $0.02 per share, better than the expected $0.10 loss. The company is projected to post positive full-year EPS of $0.22.
  • Positive Sentiment: Institutional ownership and buying provide support. BlackRock and Bank of New York Mellon initiated sizable positions, while Arrowstreet Capital and Dimensional Fund Advisors increased their holdings. Institutions and hedge funds collectively own approximately 75.9% of the shares.
  • Neutral Sentiment: Analyst sentiment is mixed. Lindblad has a “Moderate Buy” consensus, including recent upgrades from Zacks and Wall Street Zen, but the average analyst price target of $31.50 is below the stock’s recent trading range. Ratings include one Strong Buy, four Buys, three Holds and one Sell.
  • Negative Sentiment: Director Sven-Olof Lindblad has continued selling shares. He sold a combined 230,197 shares in transactions dated October 27–29 for approximately $8.25 million, following several additional sales earlier in October. Although he still owns nearly 9.94 million shares, the repeated insider selling could signal profit-taking and create a perception of limited near-term upside. SEC Insider Trading Filing

Wall Street Analysts Forecast Growth

A number of analysts recently commented on LIND shares. Wall Street Zen raised shares of Lindblad Expeditions from a “hold” rating to a “buy” rating in a report on Sunday, September 20th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $30.00 target price on shares of Lindblad Expeditions in a report on Thursday, September 17th. Zacks Research upgraded shares of Lindblad Expeditions from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 2nd. Stifel Nicolaus set a $37.00 price target on Lindblad Expeditions in a research note on Tuesday, August 4th. Finally, Jefferies Financial Group upped their price target on Lindblad Expeditions from $29.00 to $32.00 and gave the stock a “hold” rating in a report on Thursday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $31.50.

Check Out Our Latest Report on LIND

About Lindblad Expeditions

(Get Free Report)

Lindblad Expeditions Holdings, Inc (NASDAQ:LIND) operates expedition cruises and adventure travel experiences focused on nature, culture and education. Through its Lindblad Expeditions brand, the company provides small-ship voyages designed to take travelers to remote destinations while emphasizing exploration, conservation and expert-led interpretation.

The company’s offerings include ocean and river expeditions, wildlife-focused voyages, cultural journeys and land-based adventures. Trips commonly feature naturalists, historians, photographers and other specialists, along with activities such as shore excursions, hiking, kayaking, snorkeling and wildlife observation.

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Insider Buying and Selling by Quarter for Lindblad Expeditions (NASDAQ:LIND)

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